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Fortescue Metals Group is an other industrial metals & mining business based in Australia. Fortescue Metals Group shares (FMG) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. Fortescue Metals Group has a trailing 12-month revenue of around $21.1 billion. If you're looking to buy shares, check out the steps below.
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| 52-week range | $13.2573 - $22.7855 |
|---|---|
| 50-day moving average | $20.1632 |
| 200-day moving average | $18.6269 |
| Target price | $18.29 |
| PE ratio | 4.2785 |
| Dividend yield | $2.175 (9.76%) |
| Earnings per share (TTM) | $4.179 |
The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Historical closes compared with the last close of A$17.88
| 1 week (2022-06-21) | 1.65% |
|---|---|
| 1 month (2022-05-27) | -8.73% |
| 3 months (2022-03-28) | -7.93% |
| 6 months (2021-12-24) | -7.07% |
| 1 year (2021-06-28) | -22.43% |
|---|---|
| 2 years (2020-06-26) | 26.09% |
| 3 years (2019-06-28) | 98.23% |
| 5 years (2017-06-28) | 252.66% |
Valuing Fortescue Metals Group stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Fortescue Metals Group's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Fortescue Metals Group's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 4x. In other words, Fortescue Metals Group shares trade at around 4x recent earnings.
That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Fortescue Metals Group's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $14.4 billion (£8.1 billion).
The EBITDA is a measure of a Fortescue Metals Group's overall financial performance and is widely used to measure a its profitability.
| Revenue TTM | $21.1 billion |
|---|---|
| Operating margin TTM | 62.01% |
| Gross profit TTM | $15.5 billion |
| Return on assets TTM | 32.89% |
| Return on equity TTM | 58.39% |
| Profit margin | 42.65% |
| Book value | 5.126 |
| Market capitalisation | $55.1 billion |
TTM: trailing 12 months
Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Fortescue Metals Group.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
Total ESG risk: 27.89
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Fortescue Metals Group's overall score of 27.89 (as at 01/01/2019) is nothing to write home about – landing it in it in the 51st percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like Fortescue Metals Group is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).
Environmental score: 14.49/100
Fortescue Metals Group's environmental score of 14.49 puts it squarely in the 5th percentile of companies rated in the same sector. This could suggest that Fortescue Metals Group is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.
Social score: 7.58/100
Fortescue Metals Group's social score of 7.58 puts it squarely in the 5th percentile of companies rated in the same sector. This could suggest that Fortescue Metals Group is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.
Governance score: 10.82/100
Fortescue Metals Group's governance score puts it squarely in the 5th percentile of companies rated in the same sector. That could suggest that Fortescue Metals Group is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.
Controversy score: 2/5
ESG scores also evaluate any incidences of controversy that a company has been involved in. Fortescue Metals Group scored a 2 out of 5 for controversy – the second-highest score possible, reflecting that Fortescue Metals Group has, for the most part, managed to keep its nose clean.
Fortescue Metals Group Ltd was last rated for ESG on: 2019-01-01.
| Total ESG score | 27.89 |
|---|---|
| Total ESG percentile | 50.54 |
| Environmental score | 14.49 |
| Environmental score percentile | 5 |
| Social score | 7.58 |
| Social score percentile | 5 |
| Governance score | 10.82 |
| Governance score percentile | 5 |
| Level of controversy | 2 |
Dividend payout ratio: 99.33% of net profits
Recently Fortescue Metals Group has paid out, on average, around 99.33% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 9.76% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Fortescue Metals Group shareholders could enjoy a 9.76% return on their shares, in the form of dividend payments. In Fortescue Metals Group's case, that would currently equate to about A$2.175 per share.
Fortescue Metals Group's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
The latest dividend was paid out to all shareholders who bought their shares by 28 February 2022 (the "ex-dividend date").
Fortescue Metals Group's shares were split on a 10:1 basis on 19 December 2007. So if you had owned 1 share the day before the split, the next day you would own 10 shares. This wouldn't directly have changed the overall worth of your Fortescue Metals Group shares – just the quantity. However, indirectly, the new 90% lower share price could have impacted the market appetite for Fortescue Metals Group shares which in turn could have impacted Fortescue Metals Group's share price.
Over the last 12 months, Fortescue Metals Group's shares have ranged in value from as little as $13.2573 up to $22.7855. A popular way to gauge a stock's volatility is its "beta".
Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while Fortescue Metals Group's is 0.75. This would suggest that Fortescue Metals Group's shares are less volatile than average (for this exchange).
Fortescue Metals Group Limited engages in the exploration, development, production, processing, and sale of iron ore in Australia, China, and internationally. It also explores for copper and gold deposits. The company owns and operates the Chichester Hub that includes the Cloudbreak and Christmas Creek mines located in the Chichester ranges; and the Solomon Hub comprising the Firetail, Kings Valley, and Queens Valley mines located in the Hamersley ranges of Pilbara, Western Australia. It is also developing the Eliwana mine situated in the Pilbara region of Western Australia. In addition, the company holds a portfolio of properties situated in Ecuador and Argentina. Further, it provides port towage services. Fortescue Metals Group Limited was incorporated in 1983 and is headquartered in East Perth, Australia.
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